Computation of Surplus Cash, Distributions and Residual Receipts (Section 232) – (form HUD-93486-ORCF)
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Keyword: Residual Receipts
HUD Moves to Recapture Residual Receipts for Section 202/811 Projects
On June 19th HUD issued a memorandum to implement language from the Consolidated and Further Continuing Appropriations Act, 2015. That Act contains language directing the Department to utilize residual receipts balances …
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